) are moving higher despite the hotter-than-expected Personal Consumption Expenditures reading. Big Tech earnings, however, may serve as a catalyst for the market's continued optimism.
Ma is not certain that strong earnings alone can steer the macroeconomic environment:"We definitely think earnings are important here and the growth trajectory is important. But it's also worth noting that since the market is more relying on growth now for both stabilization and the upside gains, I think we have a more inherent push and pull to the market because that growth is somewhat uncertain.
They bought Nvidia stock before the hype. It's paid for cars, vacations, and a deposit on a dream home.
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